Bumrungrad Hospital PCL (BH) - Net Assets

Latest as of March 2026: ฿32.65 Billion THB ≈ $1.02 Billion USD

Based on the latest financial reports, Bumrungrad Hospital PCL (BH) has net assets worth ฿32.65 Billion THB (≈ $1.02 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿38.71 Billion ≈ $1.21 Billion USD) and total liabilities (฿6.06 Billion ≈ $188.76 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset allocation strategy of Bumrungrad Hospital PCL to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿32.65 Billion
% of Total Assets	84.36%
Annual Growth Rate	22.42%
5-Year Change	75.11%
10-Year Change	108.62%
Growth Volatility	27.78

Bumrungrad Hospital PCL - Net Assets Trend (2000–2025)

This chart illustrates how Bumrungrad Hospital PCL's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Bumrungrad Hospital PCL (BH) total market value.

Annual Net Assets for Bumrungrad Hospital PCL (2000–2025)

The table below shows the annual net assets of Bumrungrad Hospital PCL from 2000 to 2025. Also explore Bumrungrad Hospital PCL equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	฿30.85 Billion ≈ $961.60 Million	+10.97%
2024-12-31	฿27.80 Billion ≈ $866.53 Million	+15.37%
2023-12-31	฿24.10 Billion ≈ $751.11 Million	+20.46%
2022-12-31	฿20.01 Billion ≈ $623.55 Million	+13.55%
2021-12-31	฿17.62 Billion ≈ $549.14 Million	-6.47%
2020-12-31	฿18.84 Billion ≈ $587.12 Million	-7.05%
2019-12-31	฿20.27 Billion ≈ $631.65 Million	+8.11%
2018-12-31	฿18.74 Billion ≈ $584.25 Million	+12.21%
2017-12-31	฿16.70 Billion ≈ $520.68 Million	+12.96%
2016-12-31	฿14.79 Billion ≈ $460.93 Million	+12.88%
2015-12-31	฿13.10 Billion ≈ $408.33 Million	+16.35%
2014-12-31	฿11.26 Billion ≈ $350.96 Million	+17.33%
2013-12-31	฿9.60 Billion ≈ $299.13 Million	+14.42%
2012-12-31	฿8.39 Billion ≈ $261.43 Million	+24.56%
2011-12-31	฿6.73 Billion ≈ $209.89 Million	+10.95%
2010-12-31	฿6.07 Billion ≈ $189.18 Million	+10.91%
2009-12-31	฿5.47 Billion ≈ $170.58 Million	+12.48%
2008-12-31	฿4.87 Billion ≈ $151.65 Million	+11.87%
2007-12-31	฿4.35 Billion ≈ $135.56 Million	+19.86%
2006-12-31	฿3.63 Billion ≈ $113.10 Million	+34.60%
2005-12-31	฿2.70 Billion ≈ $84.03 Million	+30.85%
2004-12-31	฿2.06 Billion ≈ $64.21 Million	+63.57%
2003-12-31	฿1.26 Billion ≈ $39.26 Million	+112.73%
2002-12-31	฿592.08 Million ≈ $18.45 Million	+54.43%
2001-12-31	฿383.40 Million ≈ $11.95 Million	+95.11%
2000-12-31	฿196.50 Million ≈ $6.12 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Bumrungrad Hospital PCL's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 2948505267600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿29.49 Billion	96.54%
Common Stock	฿795.77 Million	2.61%
Other Comprehensive Income	฿-187.78 Million	-0.61%
Other Components	฿449.85 Million	1.47%
Total Equity	฿30.54 Billion	100.00%

Bumrungrad Hospital PCL Competitors by Market Cap

The table below lists competitors of Bumrungrad Hospital PCL ranked by their market capitalization.

Company	Market Cap
Zhejiang Huazheng New Material SHG:603186	$4.89 Billion
Compal Electronics Inc TW:2324	$4.90 Billion
X Trade Brokers Dom Maklerski SA WAR:XTB	$4.90 Billion
NOVA LJUBLJ.BK GDR REG.S F:N1V2	$4.90 Billion
PriceSmart Inc NASDAQ:PSMT	$4.89 Billion
APT Medical Inc SHG:688617	$4.89 Billion
TAL Education Group NYSE:TAL	$4.89 Billion
Glarun Technology Co Ltd SHG:600562	$4.88 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bumrungrad Hospital PCL's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 27,487,679,879 to 30,542,896,513, a change of 3,055,216,634 (11.1%).
Net income of 7,511,763,437 contributed positively to equity growth.
Dividend payments of 3,974,865,766 reduced retained earnings.
Other comprehensive income decreased equity by 35,533,515.
Other factors decreased equity by 446,147,522.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿7.51 Billion	+24.59%
Dividends Paid	฿3.97 Billion	-13.01%
Other Comprehensive Income	฿-35.53 Million	-0.12%
Other Changes	฿-446.15 Million	-1.46%
Total Change	฿-	11.11%

Book Value vs Market Value Analysis

This analysis compares Bumrungrad Hospital PCL's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 5.61x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 136.71x to 5.61x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	฿1.44	฿197.50	x
2004-12-31	฿2.39	฿197.50	x
2005-12-31	฿3.01	฿197.50	x
2006-12-31	฿4.18	฿197.50	x
2007-12-31	฿5.01	฿197.50	x
2008-12-31	฿5.61	฿197.50	x
2009-12-31	฿6.31	฿197.50	x
2010-12-31	฿7.00	฿197.50	x
2011-12-31	฿7.76	฿197.50	x
2012-12-31	฿9.67	฿197.50	x
2013-12-31	฿11.06	฿197.50	x
2014-12-31	฿12.55	฿197.50	x
2015-12-31	฿14.68	฿197.50	x
2016-12-31	฿16.69	฿197.50	x
2017-12-31	฿18.91	฿197.50	x
2018-12-31	฿21.28	฿197.50	x
2019-12-31	฿23.03	฿197.50	x
2020-12-31	฿21.36	฿197.50	x
2021-12-31	฿19.93	฿197.50	x
2022-12-31	฿22.72	฿197.50	x
2023-12-31	฿27.44	฿197.50	x
2024-12-31	฿31.69	฿197.50	x
2025-12-31	฿35.21	฿197.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bumrungrad Hospital PCL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 24.59%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 29.89%
• Asset Turnover: 0.69x
• Equity Multiplier: 1.19x
Recent ROE (24.59%) is below the historical average (28.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	52.86%	6.67%	0.84x	9.47x	฿162.73 Million
2003	53.78%	14.43%	1.04x	3.60x	฿542.55 Million
2004	45.36%	16.09%	1.16x	2.44x	฿728.53 Million
2005	40.25%	15.47%	1.19x	2.19x	฿791.22 Million
2006	30.20%	13.88%	1.19x	1.83x	฿732.85 Million
2007	36.92%	17.06%	1.26x	1.72x	฿1.17 Billion
2008	24.48%	13.41%	1.10x	1.67x	฿704.51 Million
2009	22.76%	13.34%	1.09x	1.57x	฿698.39 Million
2010	20.73%	12.50%	1.10x	1.51x	฿651.55 Million
2011	23.59%	14.42%	0.82x	2.00x	฿914.86 Million
2012	31.79%	20.54%	0.82x	1.89x	฿1.83 Billion
2013	26.27%	17.57%	0.83x	1.80x	฿1.56 Billion
2014	25.09%	17.47%	0.82x	1.76x	฿1.64 Billion
2015	26.98%	19.46%	0.83x	1.67x	฿2.16 Billion
2016	25.05%	20.24%	0.84x	1.47x	฿2.18 Billion
2017	24.04%	21.50%	0.78x	1.43x	฿2.30 Billion
2018	22.50%	22.66%	0.74x	1.34x	฿2.31 Billion
2019	18.76%	20.29%	0.71x	1.31x	฿1.75 Billion
2020	6.50%	9.74%	0.51x	1.31x	฿-649.02 Million
2021	7.03%	9.76%	0.60x	1.21x	฿-512.93 Million
2022	25.06%	23.83%	0.85x	1.23x	฿2.97 Billion
2023	29.44%	27.61%	0.87x	1.23x	฿4.63 Billion
2024	28.28%	30.23%	0.79x	1.19x	฿5.03 Billion
2025	24.59%	29.89%	0.69x	1.19x	฿4.46 Billion

Industry Comparison

This section compares Bumrungrad Hospital PCL's net assets metrics with peer companies in the Medical Care Facilities industry.

Industry Context

Industry: Medical Care Facilities
Average net assets among peers: $15,478,303,717
Average return on equity (ROE) among peers: 14.14%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bumrungrad Hospital PCL (BH)	฿32.65 Billion	52.86%	0.19x	$4.89 Billion
Aikchol Hospital Public Company Limited (AHC)	$1.85 Billion	13.94%	0.26x	$56.07 Million
Bangkok Chain Hospital Public Company Limited (BCH)	$4.92 Billion	10.71%	1.15x	$886.10 Million
Bangkok Chain Hospital Public Company Limited (BCH-R)	$4.05 Billion	22.50%	0.75x	$1.03 Billion
Bangkok Dusit Medical Services Public Company Limited (BDMS)	$91.46 Billion	7.89%	0.49x	$10.01 Billion
Bumrungrad Hospital Public Company Limited (BH-R)	$27.80 Billion	27.97%	0.17x	$4.61 Billion
Chularat Hospital Public Company Limited (CHG)	$853.10 Million	0.00%	0.30x	$541.72 Million
Chularat Hospital Public Company Limited (CHG-R)	$1.12 Billion	29.84%	0.38x	$589.72 Million
Chiang Mai Ram Medical Business Public Company Limited (CMR)	$6.83 Billion	3.19%	0.81x	$157.35 Million
Dental Corporation Public Company Limited (D)	$409.62 Million	11.26%	0.35x	$31.78 Million

About Bumrungrad Hospital PCL

BK:BH Thailand Medical Care Facilities

Market Cap

$4.89 Billion

฿157.01 Billion THB

Market Cap Rank

#3613 Global

#24 in Thailand

Share Price

฿197.50

Change (1 day)

+0.77%

52-Week Range

฿136.50 - ฿213.00

All Time High

฿278.00